# PPP loan: SCHAEFER AUTOBODY CENTERS, INC.
> **$3.22M** approved 04/10/2020 · Paid in Full · Loan `1947577107`
## Borrower
- **Name:** SCHAEFER AUTOBODY CENTERS, INC.
- **Address:** 11157 LINDBERGH BUSINESS COURT, SAINT LOUIS, MO, 63123-7810
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $3.22M
- **Initial approval:** $3.22M
- **Forgiven:** $3.26M (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.42M
- **Rent:** $806K
- **Jobs reported:** 204
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*